Janet Yellen speaks on US-China rocky relations, says, ‘One visit will not solve…’

News Snapshot:

US Treasury Secretary Janet Yellen, who departs Beijing on Sunday after a four-day visit, told a press conference that the United States and China have significant disagreements and they must be communicated "clearly and directly." "No one visit will solve our challenges overnight. But I expect that this trip will help build a resilient and productive channel of communication with China’s new economic team," Yellen said. Yellen said the objective of the visit was to establish and deepen ties to China's new economic team, reduce the risk of misunderstanding, and pave the way for cooperation in areas such as climate...